Publication Date: January 2001
Bulletin ID: DLB-01-02
Status Update on the Loan Origination Database
January 2001
DLB 01-02
Subject: Status Update on the Loan Origination Database
Dear Partner:
We have corrected the Loan Origination System (LOS) database errors and processed all data received through 8:00 p.m. EST, Friday, January 5, 2001.
In order to process all of the data, the LOS maintenance and back up processing was postponed until today. Because we are completing the back up process today, the database is in a read only mode. This means that you can see your data on the Loan Origination Web page, but cannot make changes to your data.
For those schools for which we complete the drawdown process, the drawdown files have been sent to the Grants Administration Payment System and will be processed today. You will receive your Actual Disbursement Rosters as you normally do.
We plan to be back in our normal processing mode by Tuesday morning, January 9, 2001. We apologize for this inconvenience, and thank you for your continued support of the Direct Loan Program.
Sincerely,
Jane Holman
Acting Director, Title IV Delivery
Schools Channel